Ron Paul on C-SPAN’s Newsmakers

When the 112th Congress convenes next month, Rep. Ron Paul (R-TX) will become the chairman of the Financial Services Subcommittee on Domestic Monetary Policy and will have Congressional oversight of the Federal Reserve.

On C‑SPAN’s Newsmakers, he shares his concerns regarding the agency’s monetary policies. In the past, the representative has been very vocal in his criticism of the way the Fed is handled and has gone so far as to propose that it be eliminated in his latest book, “End the Fed.”

Rep. Paul also explain his agenda concerning financial issues and how they harmonize with the incoming Republican-majority’s overall agenda, as well as efforts to stimulate the sagging U.S. economy.

Thats true ,Kennedy tried to put us on the silver standard and look what happened to him and his bro. 4 months after he signed the Executive order ,blam he was gone. Check out history and see about assasination of our government leaders who oppose the real powers that be. Andrew Jackson was almost gunned down when he messed with them.

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http://www.youtube.com/profile?user=terryrafferty terryrafferty

They should be glad they are not getting all the government they are paying for. A government should be a fraid of it’s people not he other way around. The best way to cook a frog is to put him in a pot of warm water and then turn up the heat slowly so he does’nt jump out. We have not been vigilant in our oversite of our government and now we are paying the price.

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http://www.youtube.com/profile?user=terryrafferty terryrafferty

I understand the federal reserve is controlled by bankers and the government is controlled by these same bankers. Therefore it is the manipulation by these two that will not let the free market operate by the true laws in which it was designed to. In a free market : supply, demand & inginuity create a competitive market that allows cost to be determined by consumers. Thus a better mouse trap sells better, but a company who fails to build a better trap does not get bailed out!!

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nick11085

Ron Paul is awesome ……but seriously, how do these ppl get their own show???

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http://www.youtube.com/profile?user=sammad sam mad

The FED and government are very bad but just symptoms, “Free market” is ROOT of problems, how do we:

2. Use LATEST technology to create an ABUNDANCE of all our needs, NO more waste/theft

3. Automate/localize ALL production and distribution, NO more central control/wage slavery

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http://www.youtube.com/profile?user=panjok2 panjok2

You said it! I bet your friends treat you the same as my friends treat me! Every time I start talking about Mr. Paul and politics, my friends roll their eyes and say “oh god he is going to start in on his politics again! haha Ya it is hard to inform people because they seem to be to lazy. They do not even want to know what is really going on yet they complain! I just keep telling them little bits of info so they are learning whether they want to or not! KEEP UP THE FIGHT FRIEND

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Douglas

Understanding modern monetary policy requires the understanding of ‘Buying Power‘. Obviously, the owners of privately controlled central banking monetary policy cannot print money and give it to themselves and go perpetually shopping. They know that this would destroy their own system if they did so. What they want is real ‘Buying Power’.

Buying power is derived through the intrinsic value of currency. What defines the intrinsic value of currency is exactly what it ‘Represents‘. If it represents nothing then the economic currency volume is out of balance and inflation is possible, if it represents to much then the economy suffers from deflation, over competition and the ecological effects of over consumption. Without proper representation economic chaos will always rein. Current buying power has no proper ’Political’ representation so we are floating in economic chaos or slavery is a better word.

The United States Constitution was drafted in a way that would naturally maintain balance within any given economic system, through Proper Representation. When each individuals creed is heard and represented the proper volume of mediums of exchange can be effectively administered. This is complex yes, but what isn’t in this life we live. To allow this sacred process to be monopolized by a unconstitutional few private owners is ludicrous slavery. Now it has happened at a alarming rate for over 100 years and we now see the chaotic results.

Buying power is what is currently unconstitutionally privately owned and controlled and thus the population will always be out of economic balance and unsatisfied. This unrest is quailed by war, genocide and sometimes results in complete self-destruction. All current wars are directly influenced by Buying Power.

WHY DO THEY HAVE SO MUCH BUYING POWER? As said, they cannot print currency, give it to themselves and go perpetually shopping. They need a population who turn their issuance into ’Buying Power’. Think! We take that currency out thin air and make it valuable, give it buying power by turning it into tangible products and services, Whether or Not if they are Needed. Thus when it is paid back ‘with interest and taxes no less’ it represents that labor and thus adds intrinsic value to that volume of issued currency. Thus when they get it paid back they can perpetually go shopping. It is all about ’Buying Power‘! They can buy what every they want; media, politics, technology, terrorist, fraternities, individuals. Power that under the US Constitution is supposed to be legally owned and controlled by ’We the People’.

Monetizing Gold and Silver is very dangerous in light of current volumes of currencies issued. Yea, if you want to back up your States Issuance with shinny metals that do not corrode, fine , but you still have to manage Proper Representation or the system will fail or require brutal force to maintain.

An advanced system of citizens who understand the proper representation of Labor, whether or not it is Physical or Mental need only ‘Proper Representation‘. Effort is what give a medium of exchange intrinsic values. When you are a slave and your labor is forced the slave master owns all the buying power.

The Continentals were printed without any backing for the sake of Freedom and Independence and it worked. Yea, I know what happened to the continentals, but they work when they needed to work and that is what matters! Yea, and so did the Greenbacks!

What is ‘Buying Power’? That is the power of currency that flows back through the payments of loans, interest and taxes from citizens do work for it. After they do work for it and pay it back so it represents the work they did for it and now has value. This power should be controlled by A ‘Commonwealth of Citizens’.

You buy oil every day. You cannot live your life without it. This is controlled buy the ones who control buying power. Anti trust laws cannot stop them because they own and control the Federal Reserve.

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bjarnet3

00:01 How can it be any worse than it is today… Idiot

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Douglas

Monetizing Gold and Silver under current volumes of issued currencies would create a serious hike in the value of Gold and Silver resulting in a fanatical precious metal rush that would further threaten the environment and communities.

I agree with Ron Paul as to the fact that current privately controlled monetary corporations have created an unstable global economy mainly, in my opinion, to the fact that all the currency issued over the past 100 years has been done without proper ‘US Constitutional Representation’, an unfortunate recipe for economic chaos.

The answer to this complex political equation revolves around ‘Buying power’. Those who posses the greatest buying power currently control global monetary policy outside a few rouge Nations; a Power that is supposed to be owned and controlled by the ‘Commonwealth of Citizens’.

Solving this problem will require the alignment of many brilliant minds dedicated to its resolution. The US is currently still the most likely Nation to overcome this problem and restore economic peace as an example to the ‘World of Independent Nations’.

Right now we have all the evidence the World needs to properly amend US unconstitutional monetary policy. Through proper legislative power should the US now show the world we can as a, World of Nations, independently reconcile our net worth and properly associate that with the value of our individual currencies. With that the US would partially disintegrate because of the immense foreign investments made by private central banking systems. At this point the Nations of the World would be effected, but, like a storm of unprecedented consequence the US asked for the World to show patients and understanding as we transgress this adversity.

Thus, in retaliation to this treasonous issuance, the US would have to drastically regulate its imports and simultaneously encourage other nations to do the same. National independence needs to be encouraged to the point of properly represented currency issuance. Trade will still be an important part of each Nations GDP; however, under proper legislation it will remain proportional to the natural needs of the ALL Peoples Represented.

11:52 am: "Yes I know brother that he ran as a republican, it is sad enought that he not can run as an LIBERTARIAN. I truly hope he’s gonna run again. We can only support him..." - knowitall

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